Trump’s Venezuela oil deal needs $100 billion in investment. NABEP must raise the money as the US seeks more oil, lower gas prices and a stable supply.

Besides a social media post from US President Donald Trump, the White House has said little about what he is calling “the biggest oil deal in world history” in Venezuela.

Trump announces a 55% US stake in 65 billion barrels of Venezuelan oil reserves, but infrastructure challenges could delay any gasoline price